Houthis hike northern Yemen fuel prices

The Houthis have raised fuel prices in northern Yemen by 21%, with the price of a gallon of gasoline reaching approximately $19.6 and diesel around $22, due to rising global prices and transportation costs. This increase marks the first in three years amid escalating military activities in the western coast, where Yemeni forces launched attacks on Houthi positions. Meanwhile, Iran's Revolutionary Guard commented on the Houthis' recent victories in the region. A ceasefire has begun to be announced in the coast, with assurances of the removal of Saudi military mobilizations, even as tensions continue in strategic straits like Bab el-Mandeb. The rising prices reflect the escalation of ongoing military confrontations.

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